Intellect Design Arena Achieves ISO/IEC 42001:2023 Certification for AI Systems

1 min read     Updated on 05 Feb 2026, 03:54 PM
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Shriram SScanX News Team
Overview

Intellect Design Arena Limited has achieved ISO/IEC 42001:2023 certification for its AI management systems, marking a significant milestone in artificial intelligence governance. The certification validates the company's AI-first business impact architecture specifically designed for financial institutions, ensuring comprehensive governance protocols, transparency measures, and operational resilience in AI implementations.

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*this image is generated using AI for illustrative purposes only.

Intellect Design Arena Limited has successfully obtained ISO/IEC 42001:2023 certification for its AI management systems, demonstrating the company's commitment to maintaining the highest standards in artificial intelligence governance and implementation. This certification represents a significant achievement in the company's ongoing efforts to strengthen its AI-first business model and validates its business impact architecture for financial institutions.

Certification Details and Business Impact

The ISO/IEC 42001:2023 certification specifically validates Intellect Design Arena's AI management systems, ensuring they meet rigorous international standards for artificial intelligence governance. This certification framework focuses on establishing comprehensive management systems that govern AI development, deployment, and maintenance processes while validating the company's AI-first business impact architecture.

Certification Details: Information
Standard: ISO/IEC 42001:2023
Focus Area: AI Management Systems
Business Model: AI-First Business Impact Architecture
Target Sector: Financial Institutions
Key Benefits: Governance, Transparency, Operational Resilience

Enhanced Benefits for Financial Institutions

The certification confirms that Intellect Design Arena's AI-first business impact architecture delivers tangible benefits for financial institutions. The company's AI management systems are designed to provide enhanced operational capabilities while maintaining strict compliance with international standards. Financial institutions partnering with Intellect Design Arena can leverage these certified AI systems to improve their technological infrastructure and service delivery with assured operational resilience.

Governance and Operational Resilience Framework

The ISO/IEC 42001:2023 certification guarantees that Intellect Design Arena maintains robust governance structures, transparency protocols, and operational resilience in its AI implementations. This certification ensures that the company's AI management systems adhere to established best practices for:

  • Governance protocols for comprehensive AI system oversight
  • Transparency measures in AI decision-making processes
  • Operational resilience in system reliability and performance
  • Risk management frameworks for AI deployment
  • Business impact architecture optimization for financial services

This achievement positions Intellect Design Arena as a certified provider of AI management solutions with validated business impact architecture, reinforcing its technological capabilities and commitment to maintaining international standards in artificial intelligence governance, transparency, and operational resilience for the financial services sector.

Historical Stock Returns for Intellect Design Arena

1 Day5 Days1 Month6 Months1 Year5 Years
-3.08%-14.94%-19.47%-23.20%-4.90%+93.89%
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Intellect Design Arena Announces Strategic Partnership with Sampath Bank for Corporate Banking Transformation

2 min read     Updated on 03 Feb 2026, 01:09 PM
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Reviewed by
Ashish TScanX News Team
Overview

Intellect Design Arena Limited has officially announced a strategic partnership with Sampath Bank PLC to modernize corporate and SME banking services in Sri Lanka through its eMACH.ai platform. The collaboration, announced under Regulation 30, includes implementation of advanced cash management and supply chain finance solutions, with a formal project kick-off ceremony attended by senior leadership from both organizations in January.

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*this image is generated using AI for illustrative purposes only.

Intellect Design Arena Limited has officially announced its strategic partnership with Sampath Bank PLC to transform corporate and SME banking services in Sri Lanka. The collaboration, announced under Regulation 30 on February 3, 2026, aims to modernize Sampath Bank's comprehensive transaction banking landscape using Intellect's advanced eMACH.ai platform.

Official Partnership Announcement

The partnership was formally announced through a regulatory filing to the National Stock Exchange of India Ltd and BSE Ltd. The collaboration focuses on implementing state-of-the-art solutions that will modernize Sampath Bank's transaction banking operations, including cash management, trade finance, and supply chain finance services.

Partnership Details: Information
Announcement Date: February 3, 2026
Technology Partner: Intellect Design Arena Limited
Banking Partner: Sampath Bank PLC
Platform: eMACH.ai
Target Market: Sri Lanka
Focus Areas: Corporate and SME Banking

Project Kick-off and Leadership Commitment

The transformation journey was formally initiated with a project kick-off ceremony held in January, attended by senior leadership from both organizations. Mr. Sanjaya Gunawardana, Managing Director/Chief Executive Officer of Sampath Bank PLC, and Mr. Ramanan SV, CEO - India and South Asia at Intellect Design Arena Ltd, led the ceremony alongside their respective corporate leadership teams.

Technology Platform and Solutions

The partnership will implement two flagship digital platforms powered by Intellect's eMACH.ai architecture:

Cash Management System (CMS)

A next-generation platform offering real-time liquidity visibility, automated payment workflows, and intelligent reconciliation designed to enhance working capital efficiency for corporates.

Supply Chain Finance (SCF)

A dynamic platform enabling data-driven working capital optimization, empowering the bank to deliver flexible, transparent, and secure financing across supplier and distributor ecosystems.

Technology Solutions: Features
Cash Management: Real-time liquidity visibility, automated workflows
Supply Chain Finance: Data-driven optimization, flexible financing
Architecture: Microservices, APIs, cloud, and AI integration
Design Approach: Composable and scalable digital ecosystem

Leadership Perspectives

Sanjaya Gunawardana, Managing Director/Chief Executive Officer of Sampath Bank PLC, stated that the transformation marks a strategic leap towards building a digitally empowered, future-ready corporate banking ecosystem. He emphasized the bank's excitement about strengthening capabilities to deliver world-class experiences to corporate and SME customer segments.

Ramanan SV, CEO - India and South Asia at Intellect Design Arena Ltd, highlighted that the partnership reflects Intellect's commitment to reimagining banking through design, technology, and intelligence. He noted that the collaboration represents a shared vision to shape the future of corporate banking in Sri Lanka, going beyond platform deployment to deliver measurable business outcomes.

Market Impact and Future Outlook

This strategic alliance positions both companies to capitalize on the growing demand for digital banking solutions in Sri Lanka's corporate sector. The eMACH.ai platform's composable design enables speed to market, scalability and flexibility, embedded intelligence, and open integration capabilities, allowing Sampath Bank to continuously innovate and enhance customer experiences while reinforcing its position as a technology-driven leader in Sri Lanka's financial landscape.

Historical Stock Returns for Intellect Design Arena

1 Day5 Days1 Month6 Months1 Year5 Years
-3.08%-14.94%-19.47%-23.20%-4.90%+93.89%
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